The Chinese e-commerce specialist reported first-quarter results and authorized a new buyback program.
(Bloomberg) -- Tencent Holdings Ltd. dived as much as 10% Tuesday after an offshoot of China’s official news agency decried the “spiritual opium” and “electronic drugs” of games, stoking fears Beijing will next set its sights on online entertainment.The social media giant joined rivals NetEase Inc. and XD Inc. in an abrupt selloff in early Hong Kong trading after an outlet run by the Xinhua News Agency published a blistering critique of the gaming industry. The Economic Information Daily cited a
Shares of General Electric traded higher on Monday as the industrial giant’s 1-for-8 reverse stock split became effective.
Yahoo Finance’s Ines Ferre reports on the day's trending tickers.
Shares of Vaxart (Nasdaq: VXRT) rose on Monday after the biotech said the U.S. Food and Drug Administration (FDA) had cleared its Investigational New Drug (IND) application for its oral coronavirus vaccine. As of 2:20 p.m. EDT, Vaxart's stock price was up more than 12%. Vaxart's S-only vaccine construct produced higher serum antibodies than its other vaccine candidate, which expresses both S and N proteins, in a non-human primate study.
Shares of Nvidia (Nasdaq: NVDA) stock inched up a respectable 2% as of 2:15 p.m. EDT Monday after the graphics, crypto-mining, and artificial intelligence semiconductor manufacturer announced an advance in the latter part of its business this morning. As Nvidia revealed, it is setting up a "hosted AI development hub" called the "NVIDIA Base Command Platform" to offer its customers "instant access to powerful computing infrastructure wherever their data resides." NVIDIA Base Command Platform went live in May for "early access" customers, but it is now available for anyone who wants to lease access to the company's "NVIDIA DGX SuperPOD supercomputers" month to month to accelerate their own efforts at developing and testing AI algorithms.
GE's turnaround is gaining traction as key businesses improve while the industrial giant continues to shrink its debt load.
PARIS (Reuters) -Sanofi has offered to buy U.S. biotech company Translate Bio, two sources familiar with the situation said on Monday, as the French drugmaker bets on next-generation mRNA technology after setbacks in the COVID-19 vaccine race. Shares in the New York-listed biotech company soared more than 70% to above $50 in extended trading, building on the big gains in the stock as investors have piled in to the sector amid a rush to develop vaccines and treatments to tame the pandemic which has killed 4.3 million and roiled the global economy. The second source said Sanofi's directors had met on Sunday to discuss the potential deal.
In this article, we discuss the 10 best high short interest stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best High Short Interest Stocks to Buy Now. Stocks with high short interest have dominated the headlines in the finance world for a good […]
Hundreds of Chinese companies are listed on U.S. markets. China is the world's most-populous nation and the second-largest economy with a booming urban middle class and amazing entrepreneurial activity. Often dozens of Chinese stocks are among the top performers at any given time, across an array of sectors.
The video service unit said on Monday it will launch DirecTv Stream, a platform that will allow its users to get access to streaming services such as Netflix, Amazon.com Inc's Prime Video and HBO Max. The move will boost the TV operator's position, which like its peers, had been losing subscribers to video streaming services such as Netflix, Prime Video and Apple Inc's service that offer award-wining and exclusive shows.
A Relative Strength Rating upgrade for Advanced Micro Devices shows improving technical performance.
You might think that any stock handpicked by Warren Buffett and his top investment managers would be held in high regard by most investors. Several stocks in Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) portfolio are either beaten down, have bargain valuations, or both. Here are three underrated Buffett stocks that are smart buys right now.
Memory chip maker Micron Technology Inc on Monday said it would shift how it returns cash to shareholders, buying up more shares when prices are low, fewer when prices are high and instituting a dividend for the first time. This can cause swings in profits - and share prices - at most memory makers. Micron on Monday said it would start adjusting its previously regular share repurchases - which have returned about $4 billion in cash to shareholders since 2018 - to match those cycles, holding back when prices are high so that it can retire more shares for each dollar spent.
For years, Amazon (NASDAQ: AMZN) has felt like a must-own stock. Amazon stock is fallible, it turns out. The tech giant reported revenue growth of 27% to $113.1 billion, missing the analyst consensus at $115.1 billion.
A second-quarter earnings report reminded investors how difficult it is for independent companies to launch new cancer drugs.
The Keeping Up with the Kardashians alum put her most famous asset on display in new Instagram photos
Suzanne Somers revealed the key to aging happily on her new Yahoo Life series "Unapologetically Suzanne."
Shares of Square (NYSE: SQ) jumped 10% on Monday, after the fintech giant struck a deal to acquire Australian installment payments leader Afterpay (OTC: AFTP.F). Afterpay is a leading provider of "buy now, pay later" services used by over 16 million consumers and nearly 100,000 merchants worldwide. Square and Afterpay want to join forces.
Celsisus CEO Alex Mashinsky joins Yahoo Finance to discuss the latest in cryptocurrency and why he believes Bitcoin's value will more than triple to end the year.
In this article, we discuss the 10 stocks Reddit’s WallStreetBets is buying before earnings. If you want to skip our detailed analysis of these stocks, go directly to the 5 Stocks Reddit’s WallStreetBets is Buying Before Earnings. The United States economy has roared back into life over the past few months after a torrid 2020 […]